USD/JPY Ratio: 1.86
Signal: Bearish
| Currency | Last Week | Present* | % Long | % Change in Positions Outstanding | Signal |
| USD/JPY | 1.41 | 1.86 | 65% | 32.53% | Bearish |
USDJPY – Retail sentiment supports a sustained drop in USDJPY. Positioning in the pair grew to 1.86 with nearly 65% of traders long against a 1.50 reading from yesterday and 1.41 standing from last week. Looking into the details, long positions have grown considerably by rising 17.4% from Wednesday and 31.5% from the same period a week ago. Short positions are 5.6% lower than yesterday and 34.6% stronger since last week. Open interest is 8.2% stronger than yesterday and 28.0% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.
